Hess Corporation (HES)

Overall impact
C (42)

Commentary

Hess Corporation is an average overall performer. With a 'C' rating of 42.0 for overall impact (26th percentile compared to all companies), Hess Corporation ranks 8th out of 95 industry peers, behind Kosmos Energy, Evolution Petroleum, Carbon Energy and 4 others, and ahead of EQT Corporation, Hess Midstream Partners, Callon Petroleum and 84 others. On top material causes for Hess Corporation's industry (Oil & Gas), Hess Corporation performs well in Lgbtq Equality (85.3 score), Renewable Energy Growth (96.3) and Reduced Waste (83.6) and performs poorly in Reduced Inequality (38.9 score), Reduced Green House Gas Emissions (0.0), Terrestrial Biodiversity (14.3) and 4 other causes where it received a 'D' or 'F' score.
Impact
Cause HES
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Company
Founded
1919
Employees
1,797
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Sub-industry
Oil & Gas Storage & Transportation
SASB industry
Building Products & Furnishings
Headquarters
Ny, United States
Share classes
HES
Mission
To maximize shareholder value by enhancing financial performance and providing long-term profitable growth.
Description
Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia. It operates in two segments, Exploration and Production, and Midstream. The company also conduct exploration activities principally offshore Guyana, in the U.S. Gulf of America, and offshore Suriname. In addition, the company is involved in gathering, compressing, and processing natural gas; fractionating natural gas liquids; gathering, terminaling, loading, and transporting crude oil and natural gas liquids; and storing and terminaling propane, as well as providing water handling services primarily in the Bakken Shale plays in the Williston Basin area of North Dakota. Hess Corporation was incorporated in 1920 and is headquartered in New York, New York.
Material causes
Ethos considers the following causes material for Hess Corporation, based on its industry sub-industry Oil & Gas Storage & Transportation. Learn more about material causes in our methodology overview.
Not available

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